Latest News
Friday preview: US consumer confidence, UK inflation expectations in focus
Investors' focus at the end of the week will continue to be on the inflation picture Stateside.
US close: Stocks rise as producer price inflation eases
US stocks put in solid gains on Thursday as investors assessed how slowing producer-price inflation would affect the near-term outlook for interest rates ahead of the Federal Reserve's next policy meeting.
Europe close: Stocks notch solid gains as ECB cuts rates
European stocks rose for the second straight day on Thursday after the European Central Bank kept to the script to cut interest rates for the second time this year.
London close: Stocks rise on US jobless claims, ECB rate cut
London’s stock markets closed with gains on Thursday, as investors digested an increase in US jobless claims and an interest rate cut from the European Central Bank.
Broker tips: James Fisher and Sons, Trainline
Canaccord Genuity has cut its rating for James Fisher and Sons from 'buy' to 'hold', saying that the marine engineering services group still has a long way to go in its turnaround.
Director dealings: Genus director makes share purchase
Genus revealed on Thursday that senior independent director Lesley Knox had acquired 2,800 ordinary shares in the FTSE 250-listed genetics firm.
Kroger shares pop on Q2 earnings beat, updated guidance
Kroger shares were popping on Thursday, as investors digested the grocer’s updated guidance following a mixed second-quarter performance.
Arkle Resources announces drilling campaign on Stonepark block
Arkle Resources announced on Thursday that its partner, Group Eleven Resources, had started a drilling campaign on the Stonepark licence block in Limerick, Ireland.
General Mills offloads yoghurt operations in $2.1bn deal
US food manufacturer General Mills has announced the split-up and sale of its North American yoghurt business to French dairy companies in a $2. 1bn deal.
FTSE 250 movers: NCC surges on update; Kier falls
London’s FTSE 250 was up 0. 9% at 20,716. 47 in afternoon trade on Thursday.
FTSE 100 movers: Diageo boosted by upgrade, Rentokil extends losses
London's FTSE 100 was heading higher on Thursday, lifted by strong gains from Diageo and a host of mining stocks, while the downside continued to be led by Rentokil.
US open: Stocks mixed following PPI reading
Wall Street trading got off to a mixed start early on Thursday as traders digested more inflation data following yesterday's consumer price index report.
Quantum Blockchain hires former Intel Blockscale specialist
Quantum Blockchain Technologies announced the appointment of Jose Rios, a former executive at Intel, as its strategic adviser on Thursday.
Moderna to slash R&D budget, shares fall
Shares in Moderna tumbled 11% in pre-market trading on Thursday, after the US biotech detailed plans to cut its research budget by more than $1bn.
ECB cuts rates by 25 basis points as expected
The European Central Bank cut interest rates on Thursday by 25 basis points to 3. 5%, as widely expected, pointing to a slowdown in inflation.
US producer prices rise a tad more quickly than expected, core ahead of forecasts
Wholesale prices in the US increased a tad more slowly than anticipated last month, but a bit more quickly than expected at the core level.
US jobless claims rise to 230,000
Americans lined up for unemployment benefits at an accelerated pace in the week ended 7 September, according to the Department of Labor, in line with market expectations.
Microsoft cuts 650 jobs in video game division
Microsoft is cutting 650 jobs from its video game division, according to a company email seen by The Wall Street Journal on Thursday.
Mastercard to buy cyber defence firm Recorded Future for $2.65bn
Mastercard said on Thursday that it has agreed to buy cyber defence company Recorded Future from Insight Partners for $2. 65bn.
Berenberg hikes target price on Trainline
Analysts at Berenberg raised their target price on digital rail and coach ticketing platform Trainline from 460. 0p to 475. 0p on Thursday following the release of the group's H1 trading update earlier in the morning.